Taking the decision to buy a life insurance is, in fact, one of the biggest decision you can ever take. There are many good reasons for buying an insurance policy and most of us will be able to realize the importance of having a life insurance. One of the main reasons for buying an insurance is to secure the family in your absence. If you are the sole earner in your family, then you can’t even imagine how your family would survive when you are not there. Life is unpredictable, and anything can happen any time. Buying a life insurance […] Read more
When people talk about life insurance, they always say one thing, ‘get a life insurance policy before it’s too late’. My question is, do we ever too old to buy a life insurance? Well, not necessarily, but it is just a marketing technique that is used by salespeople to sell life insurance policies. Moreover, there is not just one type of insurance for people to choose from, but there is a term life insurance and whole life insurance, which sometimes people find very hard to understand. This blog post focuses on getting rid of the confusion between those two types […] Read more
One question that always Pop-up in one’s mind while purchasing any life insurance plan is that, is he really need Life insurance or not. If you are in dilemma, then there is no need to worry. You must consider buying if any of the below mentioned conditions are satisfied:
You are married and all your family members are dependent on your income.
You have aged parents who can’t get medical treatment on their own
You have children or disabled relative dependent on you.
Limited sources of income after your retirement and no pension to meet your spouse needs.
If you have to pay a large […] Read more